Between the flexible ECB and the new wave of Covid, the euro fell 1% against the yen. Moreover, the franc is clearly firming up against the euro.

The euro fell on Friday against the yen, a safe haven. The single European currency, which lost 1% to 128.63 yen around 10:20 GMT, was also down markedly against the US dollar, the British pound and the Swiss franc, countries where central banks act more directly to counter the crisis. inflation. The franc strengthened significantly against the euro late Friday morning, trading around 1.04 EUR/CHF, a level last seen in 2015. At 11:08 a.m., the currency pair was trading at 1.0448 franc for one euro, against 1.0524 EUR/CHF on Thursday evening. The weakness of the euro, however, also weighed on the course, while last year in the midst of the first wave of Covid-19, the franc had paid the price for its status as a safe haven.